July 3rd, 2017
An estimated one million homeowners have interest only mortgages maturing by 2025, and research suggests that 27% of them won’t be able to pay off their mortgage when the term ends. This equates to 30,000 homeowners a year in potential limbo with an average unsettled debt of £21,000*.
Speak to us today to discuss your mortgage options!
*Cebr research – The UK Market for Residential Interest-Only Mortgages.